Latest MEA News
TotalEnergies and Siemens join Masdar on hydrogen
French and German energy majors TotalEnergies and Siemens Energy have signed with Abu Dhabi’s renewables developer Masdar an agreement to co-develop a green hydrogen project
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NCP reveals 91 EoIs for medical cities
Social & Defence MENASaudi Arabia’s NCP has announced that a combined total of 91 EoIs have been submitted for its 2 medical cities projects
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Oman and bp sign hydrogen agreement
Renewables MENAOman’s MoEM has signed with British energy giant bp 2 agreements for the potential development of a green hydrogen project powered by a multi-gigawatt fleet of renewables
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EoIs invited for SABIC hospital PPP in North Riyadh
Social & Defence MENASaudi Arabia’s Ministry of Health has made the call for EoIs for the O&M of the SABIC Behavioural Care Specialist Hospital Project PPP in the Al-Nargis district of North Riyadh
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EBRD to take part in Scatec’s Benban solar bond
Renewables MENAThe EBRD is set for a €100 million subscription in Norwegian developer Scatec’s $340 million bond to refinance a 300MW portfolio of 6 operational solar power plants in Benban, Egypt
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Lenders line up for Moroccan wind farm loan
Renewables MENAA group of lenders led by the EBRD is considering a €48.5 million debt package for the €130 million, 50MW expansion of the 50MW Koudia Al Baida Wind Farm in Morocco
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Apicorp and IsDB sign $1bn infra initiative
Renewables MENAApicorp and the IsDB have established a $1 billion energy and infrastructure investment platform aimed at private sector-led projects in OIC states
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Sweihan solar IPP bond rated
Renewables MENAS&P Global Ratings and Moody’s Investors Service have rated SPPC’s proposed bonds stable – it will sell up to $728 million of fixed-rate senior secure bonds, due 204
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Saudi Ports Authority issues RFQ for terminals project
Transport MENASaudi Ports Authority has issued the RFQ documents for the development of 8 multipurpose terminal concessions – the Mawani Priority Concessions
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NCP approves new Saudi PPP rules
Power MENASaudi Arabia’s NCP has approved a new framework of rules governing how public private partnerships are executed in the Kingdom
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Egis completes takeover of Projacs
Transport MENAEgis has completed its integration of Gulf-based Projacs International since its 2021 takeover and it is now to operate under the parent company's brand
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SWPC issues RFQ for Al-Ahsa ISWR
Water MENASWPC has issued the RFQ documents for the Al-Ahsa & Eastern Province ISWR project in Saudi Arabia
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Red Sea Project utilities put to FC
Renewables MENAAn ACWA Power-led consortium has reached financial close on the $1.5 billion utilities component at the Red Sea project in Saudi Arabia
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FC on Rawec refi facility
Power MENAAcwa Power has reached financial close on the refinancing of a $125 million facility for its subsidiary Rabigh Arabian Water & Electricity Company
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Tender launched for Algeria solar programme
Renewables MENAA tender has been launched for Algeria’s 1GW solar programme, the first of 4 similar tenders expected to be launched over the next few years
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Houlihan Lokey builds ME O&G team
Oil & Gas MENAHoulihan Lokey has completed the expansion of its global oil and gas team into the Middle East with the appointment of Rouzbeh Fazlinejad as a managing director, operating out of Dubai